Etherpad is a web based word processing program that allows people to edit a document simultaneously. It's apparently just be acquired by Google, so it would be a nice addition to Google Docs.
I wasn't an immediate fan of Google Docs, however I've recently seen a greater need for this tool. Having the ability to simultaneoulsy collaborate on a document especially during a Skype session would be a great way to speed up the cooperative process of co-authoring any project.
Etherpad is a lot like "Microsoft Word Meets Instant Messanger".
Like Kevin Dennis said on his blog too, I also couldn't import a document successfully. I tried 3 different Word docs and none of them "took".
This has a couple of interesting school applications, like working on a group project with each student at a separte laptop; or at their respective homes. I could definitely see this being used ever more increasingly in the future.
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